Keith Akada - Hyper Local Seattle Loan Officer Keith Akada - Seattle Loan Officer

Fairway hosted David Stevens to ask for his insight on Why now is a good time to buy a home".  I really appreciate the key point that many are just saying "it is not a good time to buy" with no data or historical reference.  

I have followed David Stevens for over a decade.  He continues to be, in my opinion very accurate on the crystal ball of housing.  More importantly during challenging times what is predicted to come.  

If you would like to view a recent presentation David did for Fairway please email me, keith@mortgagereel.com and I will send you a link.

Thank you for tuning in.  

Keith Akada, Loan Officer, MLO 112443

Bio of David Stevens: Mr. David H. Stevens has an extensive career in Real Estate Finance and Mortgage Banking. He currently provides deep expertise and knowledge in an advisory capacity as Chief Executive Officer of Mountain Lake Consulting and serves on the board of directors of Dynex Inc (NYSE:DX). Dave started his career in mortgage banking at the branch level and progressing into branch, regional, division, and national leadership roles provides a breadth plus depth of industry knowledge. As Senior Vice President leading Freddie Mac’s Single-Family business, his work made homeownership more accessible and affordable. David led Wells Fargo’s national wholesale lending business as Executive Vice President and also led Long and Foster Real Estate Company as their President and COO. Following his focus on housing and access, he served in the Obama Administration as Assistant Secretary of Housing and Federal Housing Administration (FHA) Commissioner. David also led the Mortgage Bankers Association in Washington, D.C. as their Chief Executive Officer. Reflective of his deep commitment to affordable housing, he co-founded the MBA Open Doors Foundation which provides mortgage assistance to families with critically ill children. Dave was named 2018 Mortgage Professional of the Year by National Mortgage Professional Magazine and has been included on Bloomberg’s 50 Most Powerful People in U.S. Real Estate and Inman’s 100 Most Influential Real Estate Leaders. He was honored with the NAHREP Founders Award for his support of Hispanic lending. He earned a degree in Political Science from the University of Colorado Boulder and received his CMB (Certified Mortgage bankers) designation.

Great conversation and education I am having several times a day with current home owners. Making sure the goals of being able to pay down or pay off the balance on the Home Equity Line of Credit or second mortgage that has an adjustable rate. The market is presenting a perfect storm of high real estate value and mortgage rates unseen since December 2017!!! Great time to review if your goals match your finances. Again there is nothing I can sell you. There is no pressure. I am very passionate in my profession as a Loan Officer to ensure my clients have peace of mind. It all starts with a phone call answering a lot of questions. Thank you. Keith Akada 206-601-3426

Super excited to put together a series of pre-recorded screen shares to review various financing options that may fit your situation when you are thinking of buying a home. Stay tuned to all of my social business on Facebook, Instagram, Twitter, Google Business and www.themortgagereel.com

Right timing to buy a home in a changing market can be a debate without end. In reality it is based upon the goals of the buyer. Long or short term goals? Is there a strategy in place? Is a paper loss in value to overwhelming to their mindset? I share more on today’s podcast of how I advised three clients with this question.

Why? In 18 years of mortgage finance I have experienced thousands of scenarios to structure a mortgage for clients. Each time I find mortgage is like a mystery where it feels like a client has some distrust to start the conversation. Then as the relationship builds it transitions. LOL much like a personal relationship. But with mortgage there is so much unknown I looked to see if there was anything like this out there. For anyone who is looking to buy a first home, buy up to a larger home, downsize, invest, refinance for lower rate or payment, refinance due to divorce or cash out, the scenarios are almost endless. To be successful it is all dependent upon the knowledge and experience of the loan officer. This is why I felt it would be relative to connect the dots for anyone interested in a mortgage. Thanks for reading. I hope I have a podcast soon that you relate to.